THE new US President resigned as a director of companies UK companies linked to his two Scottish golf courses the day before his inauguration on Friday.
Documents filed at Companies House on January 19 showed he resigned as Golf Recreation Scotland, registered in Aberdeen, Trump International Golf Club Scotland, registered in Edinburgh, and Nitto World Co, registered in London.
The Trump International course is located at Balmedie, near Aberdeen.
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On the same day he resigned as director of DT Connect Europe and SLC Turnberry, both registered at Turnberry in Ayrshire, site of the Trump Turnberry course.
Mr Trump handed over control of his business empire to his two sons Donald Jnr and Eric.
Speaking at a press conference in New York earlier in January, Mr Trump said there was no requirement for him to give up the management of the Trump organisation during his time in the White House, as presidents were exempted from conflict of interest rules.
He said: “I have no conflict of interest provision as president. This is many, many years old. This is for presidents because they don’t want presidents getting tangled up in minutiae, they want a president to run the country.
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“I could actually run my business and run government at the same time. I don’t like the way that looks, but I would be able to do that if I wanted to.
“As a president, I could run the Trump organisation – a great, great company – and I could run the country. I’d do a very good job, but I don’t want to do that.’’ Meanwhile, Mr Trump has produced a 19-page document which claims to show he has resigned from hundreds of business organisations.
The Trump Organisation’s letter reads: “I, Donald J. Trump, hereby resign from each and every office and position I hold” in more than 400 entities listed on the following pages.
It is dated January 19, the day before he was sworn into office.
The US President has transferred his business holdings to a trust run by his sons, though not selling his ownership stake.
However, he will still be updated on the overall profit of the group.
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White House press secretary Sean Spicer acknowledged the move at a briefing yesterday.
“He has resigned from the company as he said he would before before he took office,” Mr Spicer said.
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